Michael A.  Berman net worth and biography

Michael Berman Biography and Net Worth

Director of M.D.C.
Michael A. Berman has over 35 years’ experience in the financial services industry. He is a member of Applied Capital Management, a private investment management firm located in Scottsdale, Arizona, and has served as its chairman from 2002 to date. From 2005 to 2006, he also served as the CEO of First Ascent Capital, a financial services firm located in New York. From 2006 until 2008, he served as President and CEO of Real Estate Equity Exchange, Inc. (Rex & Co.), a financial services firm located in San Francisco, California. From 1990 to 1999, Mr. Berman was employed by The Nomura Securities Co., Ltd. (Tokyo) group of companies, where he held several senior executive positions, including that of President and CEO of Nomura Holding America, Inc. and Chairman of Capital America, Nomura's commercial real estate lending subsidiary. In 2006, Mr. Berman became a Director of the Company and, that year, he was appointed a director of HomeAmerican Mortgage Corporation, the Company's wholly owned mortgage lending subsidiary. Mr. Berman's experience as a senior executive in corporate finance, in general, and the residential mortgage market, in particular, provide the Company with a valuable resource.

What is Michael A. Berman's net worth?

The estimated net worth of Michael A. Berman is at least $1.39 million as of June 14th, 2023. Berman owns 22,085 shares of M.D.C. stock worth more than $1,390,913 as of April 26th. This net worth estimate does not reflect any other investments that Berman may own. Learn More about Michael A. Berman's net worth.

How do I contact Michael A. Berman?

The corporate mailing address for Berman and other M.D.C. executives is 4350 S MONACO STREET SUITE 500, DENVER CO, 80237. M.D.C. can also be reached via phone at (303) 773-1100 and via email at [email protected]. Learn More on Michael A. Berman's contact information.

Has Michael A. Berman been buying or selling shares of M.D.C.?

Michael A. Berman has not been actively trading shares of M.D.C. during the past quarter. Most recently, Michael A. Berman sold 17,000 shares of the business's stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $45.15, for a transaction totalling $767,550.00. Following the completion of the sale, the director now directly owns 22,085 shares of the company's stock, valued at $997,137.75. Learn More on Michael A. Berman's trading history.

Who are M.D.C.'s active insiders?

M.D.C.'s insider roster includes Raymond Baker (Director), Michael Berman (Director), David Blackford (Director), Herbert Buchwald (Director), David Mandarich (CEO), Robert Martin (CFO), Larry Mizel (Chairman), Paris Reece, III (Director), and David Siegel (Director). Learn More on M.D.C.'s active insiders.

Are insiders buying or selling shares of M.D.C.?

During the last twelve months, insiders at the construction company sold shares 11 times. They sold a total of 1,713,901 shares worth more than $75,260,082.79. The most recent insider tranaction occured on March, 11th when Director David E Blackford sold 6,200 shares worth more than $388,678.00. Insiders at M.D.C. own 23.3% of the company. Learn More about insider trades at M.D.C..

Information on this page was last updated on 3/11/2024.

Michael A. Berman Insider Trading History at M.D.C.

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/14/2023Sell17,000$45.15$767,550.0022,085View SEC Filing Icon  
3/4/2021Sell9,204$52.83$486,247.32View SEC Filing Icon  
9/16/2019Sell6,900$42.02$289,938.0016,167View SEC Filing Icon  
9/11/2019Sell10,000$39.14$391,400.0038,082View SEC Filing Icon  
9/5/2019Sell10,000$70.52$705,200.00148,218View SEC Filing Icon  
8/23/2018Sell20,000$32.67$653,400.00131,867View SEC Filing Icon  
5/15/2017Sell52,500$35.60$1,869,000.00View SEC Filing Icon  
3/9/2017Sell26,250$30.35$796,687.50View SEC Filing Icon  
3/8/2017Sell4,400$29.88$131,472.00View SEC Filing Icon  
3/6/2013Sell10,000$40.65$406,500.00View SEC Filing Icon  
See Full Table

Michael A. Berman Buying and Selling Activity at M.D.C.

This chart shows Michael A Berman's buying and selling at M.D.C. by year and by quarter.

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M.D.C. Company Overview

M.D.C. logo
M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, Pennsylvania, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado. As of April 19, 2024, M.D.C. Holdings, Inc. operates as a subsidiary of SH Residential Holdings, LLC.
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Today's Range

Now: $62.98
Low: $62.98
High: $62.98

50 Day Range

MA: $62.79
Low: $62.22
High: $62.98

2 Week Range

Now: $62.98
Low: $36.47
High: $63.00

Volume

N/A

Average Volume

1,973,656 shs

Market Capitalization

$4.73 billion

P/E Ratio

11.93

Dividend Yield

3.49%

Beta

1.54